Sanctuary Advisors LLC Purchases 8,913 Shares of United Airlines Holdings, Inc. (NASDAQ:UAL)

Sanctuary Advisors LLC grew its position in United Airlines Holdings, Inc. (NASDAQ:UAL) by 49.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 26,801 shares of the transportation company’s stock after purchasing an additional 8,913 shares during the quarter. Sanctuary Advisors LLC’s holdings in United Airlines were worth $2,602,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Hemington Wealth Management boosted its stake in shares of United Airlines by 70.8% in the 4th quarter. Hemington Wealth Management now owns 316 shares of the transportation company’s stock valued at $30,000 after purchasing an additional 131 shares during the last quarter. Roxbury Financial LLC bought a new stake in shares of United Airlines in the 4th quarter valued at $32,000. Winch Advisory Services LLC bought a new position in United Airlines during the fourth quarter worth $38,000. Global Trust Asset Management LLC bought a new position in United Airlines during the third quarter worth $29,000. Finally, MassMutual Private Wealth & Trust FSB boosted its stake in United Airlines by 25.0% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 710 shares of the transportation company’s stock worth $69,000 after acquiring an additional 142 shares in the last quarter. 69.69% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on UAL. Citigroup increased their target price on shares of United Airlines from $98.00 to $122.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Melius Research raised shares of United Airlines to a “strong-buy” rating in a research note on Monday, December 2nd. Barclays increased their target price on shares of United Airlines from $75.00 to $150.00 and gave the stock an “overweight” rating in a research note on Thursday, November 14th. TD Cowen increased their target price on shares of United Airlines from $142.00 to $165.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Finally, Raymond James restated an “outperform” rating and set a $130.00 price objective (up previously from $120.00) on shares of United Airlines in a report on Thursday, January 23rd. One equities research analyst has rated the stock with a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $113.88.

United Airlines Stock Performance

Shares of UAL stock opened at $95.89 on Friday. The firm has a 50-day moving average of $102.94 and a 200-day moving average of $79.43. The company has a market cap of $31.54 billion, a P/E ratio of 10.17, a P/E/G ratio of 0.67 and a beta of 1.43. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.81 and a quick ratio of 0.74. United Airlines Holdings, Inc. has a one year low of $37.02 and a one year high of $116.00.

United Airlines (NASDAQ:UAL) last announced its earnings results on Tuesday, January 21st. The transportation company reported $3.26 EPS for the quarter, beating the consensus estimate of $2.96 by $0.30. The company had revenue of $14.70 billion during the quarter, compared to the consensus estimate of $14.40 billion. United Airlines had a net margin of 5.52% and a return on equity of 32.26%. The firm’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.00 earnings per share. Equities research analysts forecast that United Airlines Holdings, Inc. will post 12.96 EPS for the current fiscal year.

United Airlines Profile

United Airlines Holdings, Inc, through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transports people and cargo through its mainline and regional fleets. It also offers catering, ground handling, flight academy, and maintenance services for third parties.